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B. DESCRIPTION OF PROJECT <br />1, Boundaries of Urban Renewal Area <br />a. Project Location <br />The project area is located in the northeast section of the City of Hilo generally <br />corresponding to the area devastated by the Seismic wave of May 23, 1960, <br />hereinafter more particularly described. <br />b. Boundary Description <br />The project area contains an area of 349 acres, more or less, and includes all <br />of that certain tract of land in Hilo, County of Hawaii, State of Hawaii, and more <br />particularly bounded and described as follows: <br />Beginning at a point which is the extension of the tangent from the intersec- <br />tion of the northeast right -of -way line of Ocean View Drive and the east right -of- <br />way line of Coconut Road and the intersection of the shoreline of Hilo Bay and <br />running clockwise as follows: <br />1) South along the extension of the east right -of -way line at the beginning of <br />Coconut Road to a point which is the intersection of this line and the extension <br />of the south right-of-way line of Ocean View Drive; <br />2) Thence northeast along the south right -of -way line of Ocean View Drive to <br />the south right -of -way line of Banyan Drive; <br />3) Thence along the southerly boundary of Banyan Drive to the north corner of <br />Lot 2- 1- 06 -29; <br />4) Thence southwest along the southerly right -of -way of Ocean View Drive to <br />the north right -of -way line of Ka.mehameha Street; <br />5) Thence west along the north right -of -way of Kamehameha Street to a point <br />which is the northerly extension of the west lot line of Lot 2- 2- 32 -10; <br />6) Thence south along the westerly line of Lots 2- 2 -32 -10 and 60 to the north <br />right -of -way line of Kuawa Street; <br />7) Thence west along the north right -of -way line of Kuawa Street to the intersec- <br />tion of the west right -of -way line with Manono Avenue; <br />8) Thence south along the West right -of -way line of Manono Avenue to the south <br />right -of -way line of Kawelolani Street; <br />-1- <br />